The stock of Ur-Energy Inc. (AMEX:URG) increased by $0.03 on Friday to finish at $1.27, up 2.42 percent. The last five days have seen an average of 1,389,800 shares of common stock traded. 9 times new highs were reached in the current year, with a gain of $0.1200. The average number of shares traded over the last 20 days was 1,470,830, while the average volume over the last 50 days totaled 1,956,924.
URG stock appreciated 27.00% since last month. On 07/27/23, the company’s shares reached a one-month low of $0.9800. The stock touched a high of $1.50 on 02/02/23, after rallying from a low of $0.82 in 52 weeks. The price of URG stock has risen by 10.43% or $0.1200 this year, reaching a new high 9 times. Still, the stock price is down -15.33% from the 52-week high.
Insider Transactions
URG stock investors should be aware that Ur-Energy Inc. (URG) stock had its last reported insider trading activity 10 days ago on Aug 18. On Aug 18, CHIEF FINANCIAL OFFICER SMITH ROGER L. sold 79,206 shares at $1.12 each. This transaction resulted in the insider making $88,338. On Aug 17, FRANKLIN JAMES M. sold 55,653 shares at a price of US$1.11. After the transaction, the insider now owns 605,927 shares. Gen Counsel and Corp Secretary GOPLERUD PENNE A had earlier sold 71,211 shares on Aug 16 for $1.12 a share. The transaction was completed for $79,536.
Valuation Metrics
Beta for the stock is 1.38. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 49.82, the price-to-book (PB) ratio of 3.74.
Financial Health
For the three months ended March 30, Ur-Energy Inc.’s quick ratio was 8.50, while its current ratio was 9.30, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.04, and the total debt to equity ratio is 0.10. As far as profitability goes, gross margin for the trailing twelve months is -99.40% percent. Based on annual data, it had gross profit of -$6.84 million and revenue of $19000.0.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. URG’s return on assets (ROA) during the last 12 months has been -14.00%. In the meantime, the return on equity (ROE) for the last 12 months was -22.70%.
Earnings Surprise
According to Ur-Energy Inc.’s quarterly financial report for the quarter that ended March 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $40000.0, while revenues rose by 50.0% to $6.45 million. It was predicted that Ur-Energy Inc.’s quarterly earnings would be $0, but it ended up being $0. EBITDA was -$8.29 million for the quarter. At the end of Ur-Energy Inc.’s most recent quarter ended March 30, its liabilities totaled 50.2 million, while its total debt was $8.82 million. Equity owned by shareholders amounts to $264.93 million.
Technical Picture
Here’s a quick look at Ur-Energy Inc.’s (URG) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 71.90%, suggesting the stock is Overbought, with a 52.54% historical volatility rate.
The stochastic %K and %D were 95.06% and 93.19% respectively, while the average true range (ATR) was 0.0633. Based on the 14-day stochastic reading of 100.00%, the RSI (14) reading is 69.65%. On the 9-day MACD Oscillator, the stock is at 0.0611, and the 14-day reading is at 0.0824.
Analyst Ratings
In its analyst report released on September 02, 2016, FBR Capital began covering Ur-Energy Inc. (AMEX: URG). The stock was rated as an Outperform by the brokerage firm.
